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MEMIC

Engaged Employer

MEMIC

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MEMIC Benefits

4.2
23 Ratings

Which benefits does MEMIC provide?

Current and former employees report that MEMIC provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & DiscountsProfessional Support

Insurance, Health & Wellness

Health Insurance
3.0
5 Ratings
Employer Verified
Accidental Death & Dismemberment Insurance
Employer Verified
Dental Insurance
Employer Verified
Disability Insurance
Employer Verified
Health Savings Account (HSA)
Employer Verified
Life Insurance
Employer Verified
Supplemental Life Insurance
Employer Verified
Vision Insurance
Employer Verified
Flexible Spending Account (FSA)
Employer Verified

Financial & Retirement

4.6
5 Ratings
Employer Verified
3.7
3 Ratings
4.0
1 Rating

Family & Parenting

5.0
1 Rating
Employer Verified
Maternity & Paternity Leave
Employer Verified
Reduced or Flexible Hours
Employer Verified

Vacation & Time Off

5.0
3 Ratings
Employer Verified
5.0
2 Ratings
Paid Holidays
Employer Verified
Volunteer Time Off
Employer Verified

Perks & Discounts

Company Social Events
Employer Verified
Employee Assistance Program
Employer Verified
Employee Discount
Employer Verified
Gym Membership
Employer Verified

Professional Support

Tuition Assistance
Employer Verified

Employee Benefit Reviews

Showing 1–10 of 23 comments

Most Commented

  • Health Insurance(5 comments)

    Plan is high deductible. Biweekly cost is affordable, but high deductible plus out of pocket max can be costly.

  • 401K Plan(5 comments)

    No guarantees but MEMIC's contribution over and above the 5% match limit is incredible.

  • Retirement Plan(3 comments)

    There is no worse thing.

Mar 17, 2023
5.0
Current Business Analyst in Portland, ME, Maine

Amazing benefits for health and PTO

Report
Sep 9, 2022
5.0
Current Employee

Getting our bonus put into our 401k is helping to plan for retirement

Report
Aug 21, 2022
3.0
Current Claims Adjuster in Portland, ME, Maine

Pro’s: Generous 401k plan and PTO. Cons: Health insurance is expensive to use.

Report
Mar 17, 2022
5.0
Current Employee

Benefits are good especially the 401k

Report
Mar 11, 2022
5.0
Former RN Case Manager in Portland, ME, Maine

401k match, Having to contribute to parking

Report
Feb 28, 2022
5.0
Current Employee

Excellent benefits, multiple options for each stage of life.

Report
Dec 14, 2021
5.0
Current Employee

Wonderful benefits package, competitive salary, and ability to work from home full time.

Report
Nov 14, 2021
5.0
Current Employee

Very favorable when measured against industry standard.

Report
Sep 20, 2021
2.0
Current Employee

Of the 4 choices for medical insurance, none of them are comprehensive or reasonably priced for the employee. High copays.

Report
Jun 7, 2021
5.0
Current Employee

In addition to competitive 401K match, they contribute annual profit sharing. Other non-traditional benefits include annual employee-directed charitable contribution, VTO, PTO buy-back (up to two weeks), and student loan payoff program.

Report
Viewing 1 - 10 of 23 Reviews

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MEMIC Photos

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MEMIC photo of: MEMIC employees on a coffee break
MEMIC photo of: Team member gift bags filled with products from Black-owned businesses
MEMIC photo of: Everyone gets in on the act at the Second Annual MEMIC Talent Showcase
MEMIC photo of: MEMIC team members used their Volunteer Time Off to help build ten picnic tables for the Portland Housing Authority.
MEMIC photo of: CEO Mike Bourque congratulates Abdi Kaorah, a Systems Operator, on earning his citizenship in the United States.
MEMIC photo of: CEO Mike Bourque was inducted to the Junior Achievement Hall of Fame
MEMIC photo of: Hope in the early days of Covid-19
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